Concurrent Investment Advisors 13F: New $83M Stake in XOM

Concurrent Investment Advisors has opened a new position in ExxonMobil Holdings Corporation (XOM), acquiring 509,579 shares valued at approximately $82.9 million in a filing on October 16, 2026. This marks a significant entry into the energy sector for the fund, which had no previous holdings in the company.

What Changed in Concurrent Investment Advisors' ExxonMobil Position

Concurrent Investment Advisors took a new position in ExxonMobil, purchasing 509,579 shares. This new stake reflects the fund's interest in the oil and gas integrated industry, especially as energy stocks have drawn attention recently.

Other Institutional Activity in ExxonMobil

Several other institutional investors have not made recent moves. Blackrock Inc. holds 334,746,496 shares valued at about $59.9 billion, having increased its stake by 12,005,948 shares. Vanguard Capital Management LLC, however, reduced its holdings by 461,028 shares, ending with 270,731,921 shares worth approximately $48.5 billion. Other significant holders include State Street Corporation with 206,811,526 shares valued at $37.0 billion and FMR, LLC with 137,736,841 shares worth about $24.7 billion.

ExxonMobil Holdings Corporation Stock Up 1.1%

As of October 16, 2026, ExxonMobil shares traded recently around $178.43, which is above its 50-day moving average by about 9.3% and its 200-day moving average by about 17.8%. The stock is nearly equal to its 52-week high of $178.69, suggesting strong market interest.

Recent Earnings

In its latest earnings report, ExxonMobil reported trailing twelve-month revenue of $361.1 billion and earnings per share (EPS) of $7.77. The company's revenue growth year-over-year was 44.1%, with a net margin of 9.1%. The next earnings report is expected on October 30, 2026.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Insider transactions show that Darrin L Talley, an officer at ExxonMobil, made several sales earlier in the year. On February 2, 2026, he sold 5,000 shares, valued at about $698,753. He followed with additional sales on February 9 for 3,230 shares worth $481,835, and on March 2 for 2,150 shares at $339,313. These transactions were not part of a planned trading plan.

Analysts Set New Price Targets

Analysts have mostly maintained their ratings on ExxonMobil. On October 15, 2026, Morgan Stanley maintained an overweight rating with a revised price target of $185.00. Piper Sandler kept a neutral rating with a target of $185.00, while TD Cowen maintained a buy rating with a target of $180.00. The current consensus rating for ExxonMobil is 'buy', with a mean price target of $174.00 based on 22 analyst opinions.

About ExxonMobil

ExxonMobil Holdings Corporation engages in the exploration and production of crude oil and natural gas, operating through various segments including upstream and energy products. The firm has a strong market presence, operating in the U.S., Canada, and internationally, and continues to be a key player in the energy sector.

Bottom Line

Investors should keep an eye on ExxonMobil's upcoming earnings report set for October 30, 2026, as this filing reflects holdings as of the reporting period and may not represent the investor's current position. Concurrent Investment Advisors' new stake adds to the growing interest in ExxonMobil amid recent market trends. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.